Thursday, April 19, 2012

Nissan to manufacture two Infiniti models in China

Nissan Infiniti

Nissan Motors has said it will start manufacturing two models of its luxury brand Infiniti in China in a bid to tap into the fast-growing market.

Nissan is looking to increase its Infiniti sales in China. Last year it sold just under 20,000 units in the world's biggest car market.

The firm currently has to pay high tariffs to import Infiniti cars to China, making them more expensive.

Analysts said the move would help bring the costs down and boost sales.

"Imports tariffs are quite high in China. So if they want to be competitive and achieve high volumes they need to localise," Kurt Sanger of Deutsche Bank told the BBC.



Source & Image : BBC

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